Thursday, April 6, 2017
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Sommetrics Scores $12.3M For Sleep Apnea Treatment
San Diego-based Sommetrics, a medical device manufacturer developing products to treat obstructive sleep apnea, has raised $12.3M in a Series B-1 funding. The company said the round came from both new and current investors, but did not disclose the names of those investors. The company said the funding will go towards completing development of the company's product offerings and for regulatory approvals. Sommetrics is led by President and CEO Dr. Richard Rose.

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Hyperloop One Looks At 11 Possible Routes Through US
Los Angeles-based advanced transportation developer Hyperloop One says it has come up with eleven different, proposed routes throughout the United States, which it says could "greatly reduce passenger and cargo transit time" in the country. The company said its proposed routes include links between Los Angeles-San Diego, Miami-Orlando and Seattle-Portland. The company said the routes came out of a competition it ran called the "Hyperloop One Global Challenge", where 11 teams have now been select (More info...)

posted on Thursday, April 6, 2017(Full story)


SpaceX Hopes To Turn Around Reusable Rocket Stages In Only 24 Hours
Hawthorne-based SpaceX is aiming for the ultimate in reusability, turning around its resuable rocket stages in as little as 24 hours, according to President Gwynne Shotwell. Shotwell said at a conference yesterday that the company is hoping to refly a rocket within 24 hours. (SpaceX landing the rocket stage for SES-10 on a barge in the Pacific, via SpaceX.)

posted on Thursday, April 6, 2017(Full story)


SOCI Scores $8.5M For Social Media Management
San Diego-based SOCi, a developer of enterprise, social media management software, announced this morning that it has raised $8.5M in a Series A funding. The funding was co-led by Vertical Venture Partners and Grayhawk Capital. The funding also included the Stanford University DAPER fund, Peninsula Ventures, and Tallwave Capital. SOCi manages social media pages for multi-location and multi-tenant businesses. Afif Khoury is CEO of SOCi. The company was founded in 2012.

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Uber, AEG In Partnership Deal For L.A. Live, StubHub Center
Los Angeles-based sports and entertainment venue operator AEG and rideshare transportation provider Uber announed a partnership on Wednesday, which makes Uber the "official rideshare and transportation provider" for 27 of AEG's venues and assets. The deal includes the STAPLES Center, L.A. LIVE, StubHub Center, LA Galaxy, LA Kings, and more. Financial details of the partnership were not announced. Uber and AEG said the deal will call for the creation of "Uber Zones" at event locations for pick up (More info...)

posted on Thursday, April 6, 2017(Full story)


Ingenu Enables Maritime Vessel Monitoring Product
San Diego-based Internet-of-Things networking technology developer Ingenu's technology is being used for maritime vessel monitoring, the company said this morning According to Ingenu, its technologies is using for Orolio's McMurdo Omnicom Solar Fishing Beacon, a new system that s being used for maritime vessel communications and fisherings monitoring. Orolio's system is used for vessel safety, monitoring vessels to prevent illegal harvesting, and more. The company says it has a 36.5 mile ship-t (More info...)

posted on Thursday, April 6, 2017(Full story)


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Media 2.0 w/Peter Csathy & Preccelerator Program Demo Day - May 18
Clear your calendar - It's going down! The Preccelerator Program Demo Day kicks off on May 18th @ 5:30pm, and you're invited to take part in the festivities. SAM Preccelerator Program is our meeting spot to showcase the Preccelerator's current class of all-star companies to investors and the start-up community. Followed by keynote speaker Peter Csathy, founder of Creatv Media and author of Media 2.0(17): An Insider's Guide to Today's World of Digital Media & Where It's Going.

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